Small and medium sized enterprises (SMEs) face a variety of challenges on the road to becoming stable and profitable. Southeast Europe Enterprise Development (SEED) is a multi-donor initiative managed by the Bank Group's International Finance Corporation... See More +Small and medium sized enterprises (SMEs) face a variety of challenges on the road to becoming stable and profitable. Southeast Europe Enterprise Development (SEED) is a multi-donor initiative managed by the Bank Group's International Finance Corporation (IFC) to strengthen small and medium enterprises in Macedonia, Albania, Bosnia and Herzegovina and the FR Yugoslavia. The five-year, $ 24 million effort offers a variety of services both to local SMEs directly, and to local organizations that support them. In addition, SEED strives to improve the difficult operating environment for small business in the four target economies. This booklet presents practical approaches to improve the stability and profitability of small businesses in Macedonia, through improved environmental management. It is designed to alert local SMEs to the potential for reducing costs, and boosting productivity by integrating sustainable environmental practices into everyday operations. Moreover, it outlines the reasons for, and the ways in which SMEs can improve their environmental performance and legislative compliance, as well as where they can find assistance in order to realize these types of efforts.
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